WVC 11 - 3 - 15 B
§11-3-15b. Notice of increase in assessed value of business
personal property.
(a) On or before January 15 of the tax year, the assessor
shall mail a notice of assessed value to any corporation,
partnership, limited partnership, limited liability company, firm,
association, company or other form of organization engaging in
business activity in the county showing the aggregated assessed
value of taxpayer's tangible personal property situated in the
county on the assessment date, if known, that is not appraised by
the Tax Commissioner: Provided, That notice is only required if:

(1) The aggregated assessed value of taxpayer's tangible
personal property used in business activity is more than ten
percent greater than the aggregated assessed value of the property
in the prior tax year; and

(2) The aggregated assessed value of property has increased by
more than $100,000 since the prior tax year.

However, this notification requirement does not apply to
industrial or natural resources personal property that is appraised
by the Tax Commissioner under article six-k of this chapter which
is assessed at sixty percent of its true and actual value.

(b) The assessor shall include in the assessment notice:

(1) The assessed value of the property for the preceding
assessment year;

(2) The proposed assessed value of the property for the
current assessment year;

(3) The classification of the property pursuant to section
one, Article X of the Constitution of this state;

(4) The mailing date of the notice; and

(5) The last date on which the taxpayer may file a petition
for review with the assessor from the valuation or classification
assigned to the property.

(c) The notice required by this section shall be: (1) In
writing, in the form prescribed by the Tax Commissioner, and mailed
to the taxpayer's last known mailing address; or (2) by electronic
notification.

(d) No later than the sixteenth day of the tax year, the
assessor shall certify to the county commission and to the Tax
Commissioner the date on which all notices under this section were
mailed.

(e) After the mailing date of the notice any person who owns,
claims, possesses or controls property that is valued by the
assessor may inquire of and be advised by the assessor as to the
valuation of the property determined by the assessor.

(f) The owner or person in possession of the tangible personal
property may petition the assessor for review as provided in
section fifteen-d of this article.

Note: WV Code updated with legislation passed through the 2014 1st Special Session
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